Founded 1 October 1937 | ||
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Stock price 9062 (TYO) JP¥ 590 +7.00 (+1.20%)28 Mar, 11:20 AM GMT+9 - Disclaimer CEO Kenji Watanabe (Jun 2011–) Subsidiaries Nittsu Shoji Co., Ltd., Nippon Express U.S.A., Inc. |
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Nippon Express Co., Ltd. (日本通運株式会社, Nippon Tsūun Kabushiki-gaisha, Nittsu) (TYO: 9062) is a logistics services company. Its head office is based in Tokyo, Japan.
Contents
History
The company was established in 1937 in line with the Nippon Tsu-un Kaisha Law as a semi-government transportation service. The Company was established by pooling the assets of Kokusai Tsu-un KK (International Express Co., Ltd.), which consolidated many of the nation's small-scale rail transport companies, and six other competitors, with additional funding from the Japanese government.
Activities
Nippon Express annual revenues exceed $14 billion USD. Nippon Express has a strong global network that spans over 40 countries, with company direct operations in 33 nations.
At the end of 2013 Nippon Express Co Ltd bought 67 percent of Panasonic Logistics which is owned by Japanese electronics group Panasonic Corp.